PRLog - March 24, 2010 - NEW YORK -- SAN ANTONIO, TEXAS – LandColt Trading, LLC announced today that the cost for subscribing to its marquee LandColt Trading Oil & Gas Model® will rise beginning Thursday, April 1, 2010. The price increase is due in part to additional costs necessary to maintain its goal of providing exemplary customer service and the addition of other specialized trading signals.
LandColt Trading, LLC
The firm, which has seen its labor force increase by 50% this year, is raising rates in an effort to keep up with customer demand for its Oil & Gas trading signal and complimentary market commentary, formally known as the Daily Market Opinion. The DMO will remain free-of-charge for those who wish to subscribe.
Investors who purchase a subscription, monthly or annually, prior to the April 1st increase will continue to be charged at the existing rate for as long as they wish to subscribe. LandColt Trading’s management unanimously agreed to apply the grandfather clause for the existing subscribers and has agreed to never increase their price, so as long as they are doing business with the firm.
The new monthly rate will increase to $129.99, and the annual fee will be $1,199.99. According to the company’s charter, the revised rates are prohibited from increasing for a minimum of twelve months.
“After careful deliberation and relying on input from our subscribers, we decided the best course of action for us and our business partners was to increase our rates to what we believe is a very reasonable price,” explained Managing Director, Todd M. Schoenberger. “We have hit critical mass in terms of our current employees’ ability to keep up with the tremendous increase in our subscriber rolls. Clearly, the performance of the Oil & Gas Model is the catalyst for the price increase; but we are happy to say that our existing subscribers won’t notice a change and will not be impacted.”
The LandColt Trading Oil & Gas Model® has seen its subscriber list double each month this year as the model has posted a year-to-date return of 14.80%, as of March 24, 2010. The return versus the S&P 500 YTD gain of 4.72% is gaining attention by investors seeking a solution for their “core and explore” portfolios. The firm is expected to launch new investment signals covering other sectors, such as retail and gold, within the next month.
For more information on LandColt Trading, LLC and its Oil & Gas Models, please go to the firm’s corporate website at www.LandColtTrading.com or send an email to Info@LandColtTrading.com.
LCPR 3242010 – RudyFX69OH
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LandColt Trading's mission is to proactively and ethically offer trading solutions for a client's "explore" investments with a passion for calculated risk-taking and thorough due diligence. The firm sells Oil & Gas trading models via subscription.